Amir Ahdoot Purchases Multifamily Property At 1685 Jefferson Avenue From Scott Fitzgerald For $4.23M
1685 Jefferson Avenue
$4,226,000
$563/SF
Building Size
7,500 SF
Asset Type
MultiFamily
Closing
May 28, 2025
AI
The property located at 1685 Jefferson Avenue in Miami Beach is a multifamily asset encompassing a total square footage of 7,500. The sale was finalized on May 29, 2025, with a transaction amount of $4,226,000, which equates to a price per square foot of $563.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,226,000
- Address: 1685 Jefferson Avenue
- Market: Miami Beach
- Square Footage: 7,500
- Price per Square Foot: $563
- Buyer: Amir Ahdoot
- Seller: Scott Fitzgerald
- Brokers: Tony Saladrigas, Carlos Fausto Miranda - Fausto Commercial Realty Consultants; Irena Taneva - Sotheby's International Realty
The individuals involved in this transaction include Amir Ahdoot as the buyer and Scott Fitzgerald as the seller. The brokerage team comprises Tony Saladrigas and Carlos Fausto Miranda, who are representatives from Fausto Commercial Realty Consultants, along with Irena Taneva from Sotheby's International Realty, who also played a significant role in the deal.
Players
Miami Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.75%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93